Bob Buente South Park BID Emails through 10/2018

FW: 2018 Revenues

Subject: FW: 2018 Revenues

From: Ellen Riotto <ellen@southpark.la>

Date: 10/19/2017 04:38 PM

To: Robert Buente <bbuente@1010dev.org>

We 7 re totally ok.

I'm also annualizing the budget and making more realistic estimates. It's looking good.
Will send to you soon.

From: Josh Kreger <josh@southpark.la>

Date: Thursday, October 19, 2017 at 3:48 PM
To: Ellen Riotto <ellen@southpark.la>

Subject: 2018 Revenues

Hi Ellen,

I've estimated the additional revenue from new projects for 2018 including every project
that will get a Cof 0 this year. I've also included a prorated estimate for Circa and
1400 fig which will get CoOs early next year. The estimated additional revenue including
those projects is $140,329. I haven't included Oceanwide, Aven and Apex II, which should
all open next year, because they may not get their final CoOs before the end of 2018
(wanted to be conservative). But note that Oceanwide alone should produce roughly 30k a
month for each month it has its CofO.

Josh Kreger

Director of Real Estate and Planning

South Park Business Improvement District

1100 S Flower St, Suite #3400, Los Angeles, CA 90015

joshgsouthpark.la <mailto:josh@southpark.la> | o. 213 663 1123 | c. 213-344-6749

southpark.la <http://www.southpark.la/> | Facebook <http://fb.com/SouthParkLosAnqeles> |
Twitter <https://twitter.com/southparkla> | Instagram <https://www.instag ram.com
/southparkla/>

24/7 DISPATCH: 866-560-9346

24/7 DISPATCH: 866-560-9346

view commercial vacancies at: www.southpark.la/vacancies <http://www.southpark.la
/vacancies>

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10/19/2018 09:21 AM

FW: 2018 Revenues

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10/19/2018 09:21 AM